NOT LISTED FOR SALE

1255 W Summerfield Dr Lake Forest, IL 60045

Estimated Value: $2,228,401 - $3,556,000

-- Bed
8 Baths
7,154 Sq Ft
$404/Sq Ft Est. Value

About This Home

This home is located at 1255 W Summerfield Dr, Lake Forest, IL 60045 and is currently estimated at $2,888,600, approximately $403 per square foot. 1255 W Summerfield Dr is a home located in Lake County with nearby schools including Deer Path Middle School East, Everett Elementary School, and Lake Forest High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2010
Sold by
Wayne Hummer Trust Company Na
Bought by
Wolff Scott M and Wolff Karen G
Current Estimated Value
$2,888,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 1997
Sold by
Vancor Inc
Bought by
Lake Forest Bank & Trust Company and Trust #Lft1177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
8.05%

Purchase Details

Closed on
Sep 29, 1994
Sold by
Harris Bank Glencoe Northbrook Na
Bought by
Vancor Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
8.68%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wolff Scott M -- None Available
Lake Forest Bank & Trust Company $2,000,000 Chicago Title Insurance Co
Vancor Inc $505,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolff Scott M $1,000,000
Closed Wolff Scott M $1,000,000
Closed Wolff Scott M $1,000,000
Previous Owner Lake Forest Bank & Trust Co $1,000,000
Previous Owner Lake Forest Bank & Trust Co $1,000,000
Previous Owner Wayne Hummer Trust Company Na $1,001,000
Previous Owner Lake Forest Bank & Trust Company $1,001,000
Previous Owner Lake Forest Bank & Trust Company $1,001,300
Previous Owner Lake Forest Bank & Trust Company $1,000,000
Previous Owner Vancor Inc $1,100,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $41,855 $738,489 $151,046 $587,443
2023 $40,387 $680,761 $139,239 $541,522
2022 $40,387 $674,555 $137,970 $536,585
2021 $39,264 $668,737 $136,780 $531,957
2020 $38,386 $672,435 $137,536 $534,899
2019 $36,489 $660,091 $135,011 $525,080
2018 $41,698 $805,238 $166,776 $638,462
2017 $41,316 $791,778 $163,988 $627,790
2016 $39,341 $753,644 $156,090 $597,554
2015 $38,868 $709,646 $146,977 $562,669
2014 $40,868 $742,338 $131,956 $610,382
2012 $40,045 $748,778 $133,101 $615,677
Source: Public Records

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